51Ƶ

Bank Guarantee Maturity for the United Kingdom

Bank Guarantee Maturity Template for England and Wales

A Bank Guarantee Maturity document is a formal instrument under English and Welsh law that confirms the expiration and discharge of obligations under a bank guarantee. It serves as official confirmation that the guarantee period has ended, all obligations have been fulfilled, and the issuing bank is released from its commitments. The document follows strict regulatory requirements under UK financial services legislation and must comply with Bank of England and FCA guidelines.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Bank Guarantee Maturity

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Bank Guarantee Maturity?

The Bank Guarantee Maturity document is essential when concluding bank guarantee arrangements under English and Welsh law. It is typically used when a bank guarantee reaches its natural expiry date, when obligations have been fulfilled, or when parties mutually agree to terminate the guarantee. This document provides legal certainty by formally recording the discharge of the bank's obligations and protecting all parties from future claims. The document must comply with UK banking regulations and financial services legislation, particularly the Financial Services and Markets Act 2000.

What sections should be included in a Bank Guarantee Maturity?

1. Bank Details: Full legal name and details of the issuing bank

2. Guarantee Reference: Unique identifier for the guarantee

3. Original Guarantee Details: Reference to the original guarantee being matured

4. Maturity Statement: Clear statement of guarantee maturity and release of obligations

5. Effective Date: Date when the maturity takes effect

6. Authorization: Bank's authorized signatories

What sections are optional to include in a Bank Guarantee Maturity?

1. Outstanding Claims: Details of any pending claims, use when applicable

2. Return of Original Document: Instructions for returning original guarantee, if physical document exists

3. Settlement Statement: Details of final settlements, if any payments were made

What schedules should be included in a Bank Guarantee Maturity?

1. Original Guarantee Copy: Copy of the original guarantee document

2. Payment History: Record of any payments made under the guarantee

3. Authorization Evidence: Proof of authority for bank signatories

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

England and Wales

Publisher

Genie AI

Document Type

Bank Guarantee

Sector

Banking

Cost

Free to use
Relevant legal definitions

























Clauses
























Industries

Financial Services and Markets Act 2000: Primary UK legislation that regulates financial services and markets, setting out requirements for authorized financial institutions. Critical for bank guarantee documentation.

Banking Act 2009: Key legislation providing the framework for bank regulation in the UK, including provisions for bank insolvency and administration. Essential for understanding the regulatory context of bank guarantees.

Unfair Contract Terms Act 1977: Legislation ensuring terms of the guarantee are fair and reasonable, particularly relevant for commercial relationships and consumer protection in financial contracts.

Statute of Frauds 1677: Historical but still relevant legislation requiring guarantees to be in writing and signed to ensure enforceability of the guarantee agreement.

PRA Requirements: Prudential Regulation Authority requirements governing banks' operations and risk management in relation to guarantees and other financial instruments.

FCA Regulations: Financial Conduct Authority regulations ensuring consumer protection and market integrity in financial services, including bank guarantee arrangements.

Basel III Requirements: International banking standards implementing capital adequacy requirements that affect how banks structure and manage their guarantee obligations.

Rome I Regulation: EU regulation (retained in UK law) governing choice of law in contractual obligations, relevant for international bank guarantees.

Brussels Regulation: Regulation determining jurisdiction in international cases, important for cross-border bank guarantee disputes and enforcement.

UNCITRAL Conventions: International trade law conventions that may be applicable in cases involving international bank guarantees and cross-border transactions.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Performance Bond Guarantee

An England & Wales legal document ensuring financial security for contract performance in large-scale projects.

find out more

Cheque Guarantee Letter

An England & Wales legal document addressing unauthorized financial transactions and seeking resolution and fund recovery.

find out more

Bank Guarantee Cancellation

An England & Wales legal document addressing service delays, outlining impacts and seeking resolution under the Consumer Rights Act 2015.

find out more

Bank Guarantee Business

A legally binding guarantee issued by a bank under English and Welsh law to secure business obligations between parties.

find out more

Letter To Bank For Confirmation Of Bank Guarantee

A formal request under English and Welsh law to verify the authenticity and validity of a bank guarantee.

find out more

Bank Guarantee Sblc

A bank-issued financial guarantee instrument governed by English and Welsh law, providing payment assurance upon specified conditions.

find out more

Bank Guarantee On Fd

A bank-issued guarantee secured against a fixed deposit, governed by English and Welsh law, providing payment security to beneficiaries.

find out more

Payment Sblc

A bank-issued payment guarantee instrument under English and Welsh law, providing financial security for commercial transactions.

find out more

Counter Sblc

A Counter SBLC is a bank-issued counter-guarantee instrument for an original SBLC, governed by English and Welsh law.

find out more

Sovereign Bank Guarantee

A state-backed bank guarantee instrument governed by English and Welsh law, providing payment security for major transactions.

find out more

Government Backed Bank Guarantee

A financial guarantee instrument issued by a bank with government backing, governed by English and Welsh law.

find out more

Export Working Capital Guarantee

A financial guarantee instrument under English and Welsh law that secures working capital financing for export operations.

find out more

Company Guarantee Letter With Bank Endorsement

A bank-endorsed corporate guarantee document under English and Welsh law, providing secured assurance for specified obligations.

find out more

Bank Guarantee Text

A legally binding financial instrument under English and Welsh law where a bank guarantees payment to a beneficiary upon specified conditions.

find out more

Bank Guarantee Term Deposit

An English law agreement combining a term deposit with a bank guarantee, specifying deposit terms and guarantee conditions.

find out more

Bank Guarantee Tenor

A financial instrument under English and Welsh law where a bank guarantees payment to a beneficiary for a specified period.

find out more

Bank Guarantee Property Purchase

A legally binding guarantee issued by a bank under English and Welsh law to secure property purchase payments.

find out more

Bank Guarantee Maturity

A formal document under English and Welsh law confirming the expiration and discharge of obligations under a bank guarantee.

find out more

Bank Guarantee In International Trade

A bank's independent undertaking to pay a specified sum upon demand in international trade transactions, governed by English and Welsh law.

find out more

Bank Guarantee Against Property

An English law document where a bank provides a guarantee secured against property, establishing payment obligations and security arrangements.

find out more

Bank Deposit Guarantee Amount

A legally binding agreement under English and Welsh law establishing terms for securing specified bank deposit amounts through a guarantee arrangement.

find out more

Bank Guarantee Investment

An England and Wales-governed guarantee instrument where a bank provides security for specified investment amounts or returns.

find out more

Loan Against Bank Guarantee

An English law agreement for a loan facility secured by a bank guarantee, setting out lending terms and security arrangements.

find out more

Security Bank Guarantee

A bank-issued guarantee document under English and Welsh law, providing financial security to a beneficiary against specified obligations.

find out more

Letter Of Guarantee For Loan

A legally binding document under English and Welsh law where a guarantor commits to repaying a loan if the primary borrower defaults.

find out more

Return Of Original Bank Guarantee

A formal document under English and Welsh law confirming the return of an original bank guarantee to the issuing bank and releasing the bank from its obligations.

find out more

Bank Guarantee As Collateral Security

An English law-governed bank guarantee document securing obligations through specified collateral assets.

find out more

Bank Guarantee For Home Deposit

A legal document under English and Welsh law where a bank guarantees a property deposit payment to a seller on behalf of a buyer.

find out more

Online Banking Security Guarantee

A legal agreement under English and Welsh law defining a bank's security commitments and customer protections for online banking services.

find out more

Post Bank Guarantee

A bank-issued financial guarantee under English and Welsh law, providing security for contractual obligations through an independent payment undertaking.

find out more

Guarantee Cheque Against Advance Payment

A legal instrument under English and Welsh law providing security through a guarantee cheque against advance payments in commercial transactions.

find out more

Bank Guarantee For Supply Of Goods

A financial instrument under English and Welsh law where a bank guarantees payment to a supplier for goods in case of buyer default.

find out more

Bank Deposit Government Guarantee

A legal document under English and Welsh law establishing government protection for specified bank deposits.

find out more

Discharge Of Bank Guarantee

A legal document under English and Welsh law that releases a bank from its obligations under a previously issued bank guarantee, terminating the bank's liability.

find out more

Credit Line Against Bank Guarantee

An English law agreement establishing a credit facility secured by a bank guarantee, setting out terms for facility usage and guarantee enforcement.

find out more

Bank Transfer Guarantee

A legally binding guarantee under English and Welsh law where a bank ensures secure transfer of funds between parties.

find out more

Bank Guarantee Demand Letter

A formal demand for payment under a bank guarantee, governed by English and Welsh law, made by a beneficiary against a guarantor bank.

find out more

Bank Guarantee Covering Letter

A formal transmittal document for bank guarantees under English and Welsh law, confirming the authenticity and details of the enclosed guarantee.

find out more

Guarantee Of Safe Deposit Of Money In Banks

An English law guarantee document ensuring the protection of bank deposits under UK financial regulations and FSCS protection scheme.

find out more

Corporate Guarantee And Bank Guarantee

An English law guarantee document providing financial security through either corporate or bank undertakings to fulfill specified obligations.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it